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$ETH is live analyzing the market, and the trend is clear at a glance.
Looking at the smaller timeframe, the pink line—the downward test support—has broken, indicating that the previous rally to 2200 and the breakout trend are invalid.
Therefore, a rebound around 2155 can be considered for shorting.
The formation is a head and shoulders bottom, with the right shoulder forming. The right shoulder point is below 2165, so can we consider trading around 2165? Short below 2165, set a stop loss above 2165.
The first target below is 🎯 at 2100, so reduce your position—close half your position, and set a stop loss on the remaining half at the cost price.
Then, continue to hold until the second target 🎯 at 2040. After reaching this, close the position.
{future}(ETHUSDT)